Brookfield Asset Management Q1 FFO Rises - Quick Facts

(RTTNews) - Brookfield Asset Management Inc. (BAM, BAM_A.TO) reported that its first-quarter Funds from operations rose to $557 million or $0.82 per share from $492 million or $0.72 per share in the comparable quarter last year.

Net income attributable to shareholders rose to $729 billion or $1.09 per share from $541 million or $0.80 per share in the year ago quarter.

Revenues for the latest first quarter rose to $4.40 billion from $4.34 billion in the prior year.

The Board previously declared a quarterly dividend of US$0.12 per share (representing US$0.48 per annum), payable on June 30, 2015 to shareholders of record as at the close of business on May 29, 2015. This dividend will be paid following the three-for-two stock split of the Class A shares that will occur on May 12, 2015, and represents, on a pre-split basis, $0.18 per share (or $0.82 per annum).